Product Code: MRFR/AM/3637-CR
Market Synopsis
Over the course of the forecast period, the Automotive E Drive industry is expected to grow at a substantial compound yearly growth rate (CAGR) of 9.67%. Automotive e-drive, often known as electric drive, is the term used to describe the propulsion system that electric vehicles (EVs) use to produce power and move forward. Automotive e-drive systems use electricity stored in batteries or other energy storage devices to power electric motors, in contrast to conventional internal combustion engines (ICEs), which rely on burning fossil fuels to generate mechanical power. Recent years have seen a notable surge in the automotive e-drive market, driven by rising environmental consciousness, government subsidies encouraging electric vehicles, and developments in battery science.
Government associations, research organizations, and confidential sector substances are likewise assuming a vital part in driving Research and development interest in e-drive frameworks. Cooperative drives, public-private organizations, and government-financed research programs support advancement and innovation improvement, cultivating a favorable biological system for propelling e-drive innovations and tending to industry challenges.
Besides, expanding rivalry and market elements are powering a race for development in e-drive frameworks, convincing organizations to put resources into Research and development to acquire an upper hand and separate their items in the market. With the automotive business going through a change in perspective towards jolt, Research and development interest in e-drive frameworks presents worthwhile open doors for partners across the worth chain, including automotive OEMs, providers, and innovation suppliers.
Insights on Market Segments
The global automotive e-drive market has been divided into high voltage electric drive systems and low voltage electric drive systems based on the kind of voltage.
The global automotive e-drive market is divided into four segments based on the kind of propulsion: BEVs, HEVs, PHEVs, and FCEVs.
The Automotive E-Drive Market is divided into three segments based on application: Passenger Cars, Commercial Vehicles, and Motorcycles & Three Wheelers.
Regional Analysis
The European automobile E-drive market is one that is expanding rapidly and is expected to see significant growth soon. Several factors, including government incentives, technological advancements, and growing interest in electric vehicles, have contributed to the improvement of the European automotive E-drives market. Major automakers and specialized inverter manufacturers focused on EV innovation are key players in the European vehicle E-drives industry. These companies are planning projects to raise the productivity, consistent quality, and execution of E drives, as well as investing in research and development.
The growing acceptance of electric vehicles in the region due to environmental concerns and government initiatives to promote clean energy has made North America the second largest rapidly expanding market in the automotive industry.
A growing number of people in the Asia-Pacific area are adopting electric vehicles because of government initiatives, environmental concerns, and technological advancements. As a result, there has been an increase in interest in EV E Drives in this area.
Key Players
The Automotive E-Drive Market has experienced significant expansion due to the efforts of key players such as Magna International Inc., ZF Friedrichshafen AG, DANA TM4 INC., Robert Bosch, and Continental AG.
TABLE OF CONTENTS
1 EXECUTIVE SUMMARY
2 MARKET INTRODUCTION
- 2.1 DEFINITION
- 2.2 SCOPE OF THE STUDY
- 2.3 RESEARCH OBJECTIVE
- 2.4 MARKET STRUCTURE
3 RESEARCH METHODOLOGY
- 3.1 OVERVIEW
- 3.2 DATA FLOW
- 3.2.1 Data Mining Process
- 3.3 PURCHASED DATABASE:
- 3.4 SECONDARY SOURCES:
- 3.4.1 Secondary Research data flow:
- 3.5 PRIMARY RESEARCH:
- 3.5.1 Primary Research DATA FLOW:
- 3.5.2 Primary Research: Number of Interviews conducted
- 3.5.3 Primary Research: Regional Coverage
- 3.6 APPROACHES FOR MARKET SIZE ESTIMATION:
- 3.6.1 Consumption & Net Trade Approach
- 3.6.2 Revenue Analysis Approach
- 3.7 DATA FORECASTING
- 3.7.1 Data forecasting Technique
- 3.8 DATA MODELING
- 3.8.1 microeconomic factor analysis:
- 3.8.2 Data modeling:
- 3.9 TEAMS AND ANALYST CONTRIBUTION
4 MARKET DYNAMICS
- 4.1 INTRODUCTION
- 4.2 DRIVERS
- 4.2.1 Environmental regulations and emission targets surging the growth of the market
- 4.2.2 Advancements in battery technology boosting the market growth
- 4.2.3 Growing consumer demand for electric vehicles is fueling market growth
- 4.3 RESTRAINTS
- 4.3.1 High initial cost of electric vehicles hamper the market growth
- 4.3.2 Limited charging infrastructure in some regions restrain the market growth
- 4.4 OPPORTUNITY
- 4.4.1 Government incentives and subsidies for electric vehicles provides an opportunity for the automotive e-drive market
- 4.4.2 Increasing investment in research and development for e-drive systems to create lucrative opportunities for the market globally
- 4.5 CHALLENGES
- 4.5.1 Range anxiety and battery performance concerns is a major challenge on the global e-drive system industry
- 4.5.2 Competition from internal combustion engine vehicles significantly affect the market growth
- 4.6 STRATEGIC INSIGHTS
- 4.7 REGULATORY UPDATE
- 4.8 IMPACT ANALYSIS OF COVID-19
- 4.8.1 Impact Analysis of COVID-19
- 4.8.2 Impact on Supply Chain of Automotive e-drive
- 4.8.3 Impact on Supply Chain of Automotive E-Drive
- 4.8.3.1 Price Variation of Key Raw Materials
- 4.8.3.2 Production Shutdown
- 4.8.4 Cash Flow Constraints
- 4.8.5 Impact on Import/Export:
- 4.8.6 Impact on Market Demand of Automotive E-Drive:
- 4.8.6.1 Impact due to restrictions/lockdown:
- 4.8.6.2 Consumer Sentiments:
- 4.8.6.3 Impact on Pricing of Automotive E-Drive:
5 MARKET FACTOR ANALYSIS
- 5.1 SUPPLY/VALUE CHAIN ANALYSIS
- 5.1.1 Raw Material Sourcing
- 5.1.2 Manufacturing
- 5.1.3 E-Drive System Integrators
- 5.1.4 Automotive OEMs (Original Equipment Manufacturers)
- 5.1.5 Tier Suppliers 53
- 5.1.6 Distribution and Logistics Providers
- 5.1.7 Aftermarket Service Providers
- 5.2 PORTER'S FIVE FORCES MODEL
- 5.2.1 Bargaining Power of Suppliers
- 5.2.2 Bargaining Power of Buyers
- 5.2.3 Threat of New Entrants
- 5.2.4 Threat of Substitutes
- 5.2.5 Intensity of Rivalry
- 5.3 MACRO ECONOMICS FACTOR ANALYSIS
- 5.3.1 Gross Domestic Product (GDP)
- 5.3.2 National income
- 5.3.3 Employment
- 5.3.4 Economic Growth Rate
- 5.3.5 Industrial production
- 5.3.6 Interest rates
- 5.3.7 Inflation
- 5.3.8 Fiscal policy
6 GLOBAL AUTOMOTIVE E-DRIVE MARKET, BY VOLTAGE TYPE
7 GLOBAL AUTOMOTIVE E-DRIVE MARKET, BY PROPULSION TYPE
8 GLOBAL AUTOMOTIVE E-DRIVE MARKET, BY APPLICATION
9 GLOBAL AUTOMOTIVE E-DRIVE MARKET, BY REGIONS
- 9.1 INTRODUCTION
- 9.2 NORTH AMERICA
- 9.2.1 US
- 9.2.2 CANADA
- 9.2.3 Mexico
- 9.3 EUROPE
- 9.3.1 UK
- 9.3.2 Germany
- 9.3.3 France
- 9.3.4 Italy
- 9.3.5 Spain
- 9.3.6 Denmark
- 9.3.7 Austria
- 9.3.8 Netherlands
- 9.3.9 Luxembourg
- 9.3.10 Hungary
- 9.3.11 Belgium
- 9.3.12 Poland
- 9.3.13 Romania
- 9.3.14 SWEDEN
- 9.3.15 Turkey
- 9.3.16 Rest Of Europe
- 9.4 ASIA PACIFIC
- 9.4.1 China
- 9.4.2 Japan
- 9.4.3 India
- 9.4.4 Australia
- 9.4.5 South Korea
- 9.4.6 Indonesia
- 9.4.7 Rest of Asia Pacific
- 9.5 MIDDLE EAST & AFRICA
- 9.6 SOUTH & CENTRAL AMERICA
- 9.6.1 Brazil
- 9.6.2 Argentina
- 9.6.3 Rest of South & Central America
10 COMPETITIVE LANDSCAPE
- 10.1 INTRODUCTION
- 10.2 COMPETITION DASHBOARD
- 10.2.1 PRODUCT PORTFOLIO
- 10.2.2 REGIONAL PRESENCE
- 10.2.3 STRATEGIC ALLIANCES
- 10.2.4 INDUSTRY EXPERIENCES
- 10.3 MARKET SHARE ANALYSIS, 103
- 10.4 WHO ARE THE MAJOR DISRUPTORS & INNOVATORS
- 10.5 WHAT STRATEGIES ARE BEING ADOPTED BY MARKET LEADERS
- 10.6 KEY DEVELOPMENTS & GROWTH STRATEGIES
- 10.6.1 PRODUCT LAUNCH
- 10.6.2 PARTNERSHIP
- 10.6.3 Expansion
11 COMPANY PROFILES
- 11.1.1 MAHLE GMBH
- 11.1.2 COMPANY OVERVIEW
- 11.1.3 FINANCIAL OVERVIEW
- 11.1.4 PRODUCTS OFFERed
- 11.1.5 KEY DEVELOPMENTS
- 11.1.6 SWOT ANALYSIS
- 11.1.7 KEY STRATEGY
- 11.2 DANA TM4 INC.
- 11.2.1 COMPANY OVERVIEW
- 11.2.2 PRODUCTS OFFERed
- 11.2.3 KEY DEVELOPMENTS
- 11.2.4 SWOT ANALYSIS
- 11.2.5 Key Strategy
- 11.3 ZF FRIEDRICHSHAFEN AG
- 11.3.1 COMPANY OVERVIEW
- 11.3.2 FINANCIAL OVERVIEW
- 11.3.3 PRODUCTS OFFERed
- 11.3.4 KEY DEVELOPMENTS
- 11.3.5 SWOT ANALYSIS
- 11.3.6 Key Strategy
- 11.4 ROBERT BOSCH
- 11.4.1 COMPANY OVERVIEW
- 11.4.2 FINANCIAL OVERVIEW
- 11.4.3 PRODUCTS OFFERed
- 11.4.4 KEY DEVELOPMENTS
- 11.4.5 SWOT ANALYSIS
- 11.4.6 Key Strategy
- 11.5 CONTINENTAL AG
- 11.5.1 COMPANY OVERVIEW
- 11.5.2 FINANCIAL OVERVIEW
- 11.5.3 PRODUCTS OFFERed
- 11.5.4 KEY DEVELOPMENTS
- 11.5.5 SWOT ANALYSIS
- 11.5.6 Key Strategy
- 11.6 MAGNA INTERNATIONAL INC.
- 11.6.1 COMPANY OVERVIEW
- 11.6.2 FINANCIAL OVERVIEW
- 11.6.3 PRODUCTS OFFERed
- 11.6.4 SWOT Analysis
- 11.6.5 KEY DEVELOPMENTS
- 11.6.6 Key Strategy
- 11.7 DENSO CORPORATION
- 11.7.1 COMPANY OVERVIEW
- 11.7.2 FINANCIAL OVERVIEW
- 11.7.3 PRODUCTS OFFERed
- 11.7.4 KEY DEVELOPMENTS
- 11.7.5 SWOT Analysis
- 11.7.6 Key Strategy
- 11.8 BORGWARNER INC.
- 11.8.1 COMPANY OVERVIEW
- 11.8.2 FINANCIAL OVERVIEW
- 11.8.3 PRODUCTS OFFERed
- 11.8.4 SWOT Analysis
- 11.8.5 KEY STRATEGY
- 11.9 AISIN SEIKI CO., LTD.
- 11.9.1 COMPANY OVERVIEW
- 11.9.2 FINANCIAL OVERVIEW
- 11.9.3 PRODUCTS OFFERed
- 11.9.4 SWOT Analysis
- 11.9.5 KEY STRATEGY
- 11.10 VALEO SA
- 11.10.1 COMPANY OVERVIEW
- 11.10.2 FINANCIAL OVERVIEW
- 11.10.3 PRODUCTS OFFERed
- 11.10.4 SWOT Analysis
- 11.10.5 KEY STRATEGY
- 11.11 GKN AUTOMOTIVE LIMITED
- 11.11.1 COMPANY OVERVIEW
- 11.11.2 PRODUCTS OFFERed
- 11.11.3 SWOT Analysis
- 11.11.4 KEY STRATEGY
12 APPENDIX
- 12.1 REFERENCES
- 12.2 RELATED REPORTS
- 12.3 DATA CITATIONS